Category Entity extraction tools

Would Your Business Benefit From Sentiment Analysis Software?

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There is a considerable amount of data that is generated every day. According to estimates by the International Data Corporation (IDC), less than one percent of this data is actually analyzed. Furthermore, the IDC indicates that an incredible amount of data has been created over the past few years. As a result, they state that by 2020, the digital universe will consist of more than 40 ZB. This translates as roughly 1.7 MB of new data being created by every person every second.

Since just one percent of data has been analyzed, the IDC recommends text mining to address the remaining 99%. Text mining software can assist businesses in three significant ways:

  • By providing more accurate insights across a broader spectrum of documents and sources
  • By providing accurate risk, compliance, and th
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